Guernsey Trust

The Guernsey law of trusts was codified in 1989 along broadly Anglo-Saxon lines in the Trusts (Guernsey) Law 1989 since updated by the Trusts (Guernsey) Law 2007. On the whole, it gives extra protection to beneficiaries. This law does not apply directly in Alderney or Sark but has a substantial influence on trusts in those jurisdictions.

Trust documents are in English. There are no registration requirements for trusts, no fees are payable on the formation, and there are no annual reporting requirements other than for resident trusts (i.e. those with resident beneficiaries). Trust accounts must be kept but there is no audit requirement.